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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net cash provided by operating activities $ 320 $ 133
Proceeds from the sale, maturity, disposal or redemption of:    
Fixed maturities 903 1,446
Equity securities 0 0
Mortgage loans on real estate 167 145
Limited partnerships/corporations 11 22
Acquisition of:    
Fixed maturities (1,217) (891)
Equity securities 0 (2)
Mortgage loans on real estate (148) (636)
Limited partnerships/corporations (17) (30)
Derivatives, net (15) 168
Policy loans, net 2 5
Short-term investments, net (50) 29
Short-term loan to affiliate, net 80 (100)
Collateral received (delivered), net 23 (152)
Other investments, net (22) 0
Net cash (used) provided by in investing activities (283) 4
Cash Flows from Financing Activities:    
Deposits received for investment contracts 816 680
Maturities and withdrawals from investment contracts (782) (792)
Settlements on deposit contracts (15) (17)
Net cash provided by (used in) financing activities 19 (129)
Net increase in cash and cash equivalents 56 8
Cash and cash equivalents, beginning of period 288 561
Cash and cash equivalents, end of period $ 344 $ 569